£273,441
This estimated value is based upon the latest sale price for the house of £204,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £204,000 | 11 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in November 2016 the House Price Index for COUNTY DURHAM was 75.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 34.040%.Applying this 34.040% change to the original purchase price of £204,000 results in an estimated price of approximately £273,441.
| 11 Nov 2016 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.5 | 101.2 | 34.040 % | £204,000 | £69,441 | £273,441 |
The Postcode Pricing Model uses changes in average sales price within the DH3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 18.923 % | £38,603 | £242,603 |
| 3 Month Average | 43.751 % | £89,251 | £293,251 |
| 6 Month Average | 21.313 % | £43,477 | £247,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Aug 2024 | £128,396 | £127,000 | 25 LANCASTER TERRACE |
| 7 Aug 2024 | £136,433 | £134,950 | 34 LANCASTER TERRACE |
| 10 Jul 2024 | £157,326 | £153,750 | 2 PLANTAGENET AVENUE |
| 19 May 2023 | £111,073 | £108,000 | 4 LANCASTER TERRACE |
| 31 Mar 2023 | £348,612 | £340,000 | 24 LINDOM AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 Jun 2015. Using an estimated price of £273,441 means this house is valued at £2,508 per sq meter (£233 per sq foot).
The average size of a house on PARK ROAD CENTRAL is 163 sq meters (1,759 sq feet).
This house is the smallest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road Central |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Park Road Central |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Park Road Central |
| Nov 2024 | Anti-social behaviour | On or near Park Road Central | |
| Nov 2024 | Anti-social behaviour | On or near Park Road Central |